limate change, water scarcity and deforestation are unparalleled global challenges that require a systemic change in market behavior. To achieve this, CDP, formerly the Carbon Disclosure Project, runs the global disclosure system that enables companies, cities, states and regions to measure and manage their environmental impacts.We have built the most comprehensive collection of self-reported environmental data in the world. Our network of investors and purchasers, representing over $100 trillion, along with policy makers around the globe, use our data and insights to make better-informed decisions. Through our offices and partners in 50 countries we have driven unprecedented levels of environmental disclosure.